https://www.taxtmi.com/caselaws?id=38000 The High Court ruled in favor of the assessee, determining that no change in the partnership firm's constitution occurred when the minor partner attained majority. The court emphasized that the rights and liabilities of the minor partner continue until a decision is made within six months of attaining majority, as per the Partnership Act. The existing partnership deed remained valid, entitling the firm to registration under the Income Tax Act. The judgment clarified the legal status of a minor in a partnership firm and the implications of attaining majority on the firm's registration status. en-us Wed, 11 Jan 1978 00:00:00 +0530 Fri, 02 Apr 2010 14:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38000 The High Court ruled in favor of the assessee, determining that no change in the partnership firm's constitution occurred when the minor partner attained majority. The court emphasized that the rights and liabilities of the minor partner continue until a decision is made within six months of attaining majority, as per the Partnership Act. The existing partnership deed remained valid, entitling the firm to registration under the Income Tax Act. The judgment clarified the legal status of a minor in a partnership firm and the implications of attaining majority on the firm's registration status. Case-Laws Income Tax Wed, 11 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38000